The company is working towards a bulk tonnage resource for the project.

The British Columbia-based company discovered scandium, rubidium, and cesium at its Granada Gold Mine property in Quebec.

With gold’s reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.

Market forces, if left alone without regulation or policy direction, may not be sufficient to ensure supply chains are financially sustainable.

The project was previously explored by BHP and Newmont.

The latest discovery is in the footwall of the higher-grade Kiena Deep A zone.

The site produced approximately 379,000 gold oz between 1964 and 1997.